{"id":27384,"date":"2013-09-23T14:00:52","date_gmt":"2013-09-23T21:00:52","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=27384"},"modified":"2013-09-23T14:16:43","modified_gmt":"2013-09-23T21:16:43","slug":"new-listings-continued-slow-recovery-august","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2013\/09\/23\/new-listings-continued-slow-recovery-august\/","title":{"rendered":"New Listings Continued Slow Recovery in August"},"content":{"rendered":"<p>Let&#8217;s have a look at how listings are doing over the last few months.<\/p>\n<p>First up, here&#8217;s a look at the last three months&#8217; worth of new listings, comparing 2013 to every year I&#8217;ve got data for.  <\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/09\/Listings-New-3-Month_2012-08.png\" title=\"Total New Listings: June-August 2000-Present\" rel=\"lightbox[27384]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/09\/Listings-New-3-Month_2012-08-600x363.png\" style=\"border: 0;\" title=\"Total New Listings: June-August 2000-Present - Click to enlarge\" alt=\"Total New Listings: June-August 2000-Present\" width=\"600\" height=\"363\" \/><\/a><\/p>\n<p>June through August 2013 saw more new listings than the same period in 2012, 2011, 2010, and 2009.  Things are definitely improving, but we&#8217;re still about 23 percent below the pre-bubble average for new June-August listings between 2000 and 2003.<\/p>\n<p>The next chart shows the difference between the number of new listings each month and the number of pending sales.  Prior to late 2011 this number was almost always positive, except in December, when very few new listings hit the market.  From October 2011 through March 2013 this measure was negative, indicating very tight inventory.<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/09\/Listings-New-Less-Pending_2013-08.png\" title=\"New Listings Less Pending Sales 2000-Present\" rel=\"lightbox[27384]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/09\/Listings-New-Less-Pending_2013-08-600x364.png\" style=\"border: 0;\" title=\"New Listings Less Pending Sales 2000-Present - Click to enlarge\" alt=\"New Listings Less Pending Sales 2000-Present\" width=\"600\" height=\"364\" \/><\/a><\/p>\n<p>Beginning in April, and continuing through August, this measure has been positive again, but has remained well below its historic average.<\/p>\n<p>Finally, let&#8217;s take a look at the &#8220;stale listings&#8221; measure, which uses the total listings, new listings, and pending sales counts to estimate how many listings are &#8220;carried over&#8221; from one month to the next.<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/09\/Listings-Stale_2013-08.png\" title=\"Stale Listings 2000-Present\" rel=\"lightbox[27384]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/09\/Listings-Stale_2013-08-600x364.png\" style=\"border: 0;\" title=\"Stale Listings 2000-Present - Click to enlarge\" alt=\"Stale Listings 2000-Present\" width=\"600\" height=\"364\" \/><\/a><\/p>\n<p>Good news for buyers who prefer to take their time and browse listings only after they&#8217;ve had time to &#8220;season&#8221; a bit, as this measure is rapidly recovering from the record lows it hit earlier this year.<\/p>\n<p>Overall the picture is one of listings slowly recovering to normal levels, but not there yet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s have a look at how listings are doing over the last few months. First up, here&#8217;s a look at the last three months&#8217; worth of new listings, comparing 2013 to every year I&#8217;ve got data for. June through August 2013 saw more new listings than the same period in 2012, 2011, 2010, and 2009&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":27388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"On the blog: New Listings Continued Slow Recovery in August http:\/\/wp.me\/pe2Bv-77G","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[566,739,481],"coauthors":[],"class_list":["post-27384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats","category-counties","tag-listings","tag-new-listings","tag-stale-listings"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Listings Continued Slow Recovery in August \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2013\/09\/23\/new-listings-continued-slow-recovery-august\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"New Listings Continued Slow Recovery in August \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Let&#8217;s have a look at how listings are doing over the last few months. First up, here&#8217;s a look at the last three months&#8217; worth of new listings, comparing 2013 to every year I&#8217;ve got data for. 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His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. 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